Tampa Crowne Plaza Converts to Sheraton
Thursday August 2nd, 2012 - 5:05AM
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TAMPA, FL–The 265-room Crowne Plaza at Sabal Park here has converted to the Sheraton brand.
The Sheraton Tampa East Hotel is located across the street from the popular Sabal Park Business Center. The property is owned by a joint venture between Interstate Hotels & Resorts, Waramaug Hospitality, LLC, and a private investment group. The owners invested approximately $9 million in renovations as part of the conversion. The hotel is the Sheraton brand's fourth flag in Greater Tampa.
Tags: Hospitality Ownership
The most recent NYU Conference, earlier this month proved, once and for all, that the lodging industry has finally turned the corner and happy days are, indeed, here again. While the economists and pundits all provided plenty of anecdotal evidence to bear that out in terms of supply and demand ratios, RevPAR projections, asset values and all the other metrics, that’s not what has me convinced.